Santa Clara's Montecito Apartments Scooped Up for $51.7 Million by Affordable Housing Coalition
The 114‑unit Montecito Apartments in Santa Clara sold for $51.7M to a coalition of affordable‑housing groups, shifting ownership of a longtime rental community. The seller is listed as an affiliate of Pacific Urban Investors.
San Jose Metro Area Leads Major U.S. Cities in Decline of Home Building Permits with 68% Drop
San Jose-Sunnyvale-Santa Clara metro area experiences the most significant decline in home building permits in the U.S., a 68% drop, due to high costs and regulations.
San Jose Greenlights 7-Story Apartment Block on Cupertino Border
San Jose approved a seven‑story, 118‑unit project at 1000 S. De Anza Blvd that includes 24 below‑market units; neighbors raised alarms about vibration and noise. The project will replace a vacant commercial building and is slated to start in early 2026.
Los Gatos Tower Showdown: Developer Warns Town Of Costly Court Fight
A developer warned Los Gatos leaders the town could face major legal bills if it blocks his 13‑story, 119‑unit Vista Capri proposal while the council counters it is processing the application.
Palo Alto Networks Buys Prime Santa Clara Land for $90 Million, Eyeing Expansion Near Global HQ
Palo Alto Networks purchased a 14.5-acre lot in Santa Clara for $90 million, signaling potential expansion near its headquarters. No specific development plans or timeline were shared.
Alphabet Landlord Planetary Ventures Dumps Sunnyvale Daycare Lot To Homebuilder
Planetary Ventures sold a 1.45-acre Sunnyvale parcel at 494 S. Bernardo Ave. to an affiliate of California Communities and Mozart Development for about $15.5M, filings show.












